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New development in the heart of Marbella.
Unique project, it is one of the few developments that we can find in the city centre.
It is a small and intimate building with only 5 apartments, with 1 and 2 bedrooms. Which have a balanced distribution, first-class materials and elevator. They are delivered with a fully equipped kitchen and hot and cold air conditioning machines. In addition to the apartments, 6 storage rooms and a commercial premises at street level complete the building.
Property Features
- 1 bedroom
- 1 bathroom
- 53m² Build size
Costing Breakdown
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.